Anritsu Acquires NetTest 616826

ATSUGI-CITY, Japan -- Anritsu Corporation (TOKYO:6754) ("Anritsu"), the largest Japanese provider of communication solutions, today announced that they have signed a definitive agreement with Axcel and the management of NetTest to acquire NetTest, a leading global provider of network monitoring systems and field use communications test products. Anritsu will acquire 100% of the outstanding shares of NetTest A/S.

NetTest is headquartered in Copenhagen, Denmark, and has 480 employees. Other primary locations for R&D facilities are in the U.S., France and Italy. For the year ended December 31, 2004, NetTest had revenues of approximately US $94 million with sales in over 70 countries. NetTest's wireless network monitoring solutions enjoy a 28% global market share. These solutions enable service providers to optimize their network efficiency and service quality as well as operational efficiency and profitability. NetTest's products address IP Next Generation Networks and their convergence, including UMTS/3G mobile and VoIP technologies, as well as today's networks in all regions of the world. NetTest also provides high-level field solutions that address the broadband access network that is expanding rapidly in many major metropolitan areas.

Anritsu sees synergies in the technologies acquired which will enable the faster development of new innovative solutions for customers when coupled with Anritsu's broad technology base. On a combined basis, Anritsu and NetTest have an enviable customer base with a broad coverage of both equipment manufacturers and network operators. In addition, the geographic presence of the combined organization will further enhance Anritsu's ability to locally service and support customers at a higher technical level. In addition to a strong US and western European presence, NetTest has developed robust business in rapidly growing economies, such as Eastern Europe, Russia, the Middle East, and South America. Anritsu, on the other hand, can very strongly support NetTest's business in Japan and other parts of the Asia Pacific region.

Anritsu's president, Hiromichi Toda, stated: "The acquisition of NetTest will accelerate Anritsu's vision to be a global market leader in test and measurement. Together we will work closely with customers to create innovative solutions that increase customer value and create new demand." Mr. Toda also emphasized that "the addition of NetTest will expand Anritsu's business domain into the high growth markets for network performance monitoring and service assurance."

Anritsu Corp.